Iran’s president has said his country needs about $100 billion in foreign investment to achieve an annual target of 8% economic growth.

The proclamation from the Iranian president came in his first live televised interview by the country’s state TV after he won the presidential race in July this year

Iran's President Masoud Pezeshkian stated the country needs $100 billion in foreign investment for an 8% economic growth target. Emphasizing its importance for reducing inflation and unemployment, Pezeshkian's diplomatic visits to Iraq and the US aim to attract investment,

Iran's need for foreign investment would enable a GDP growth of 8 percent, which would reduce unemployment rates and inflation.